National City, CA 91950,520 F Ave

$1,220,000

$1,150,000

6.1%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 03/18/2022

Key Details

Sold Price $1,220,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision National City

MLS Listing ID 220003847SD

Sold Date 03/18/22

HOA Y/N No

Year Built 1993

Property Description

Rare opportunity to own a fantastic Victorian 4 unit property in the heart of National City Historic District! Rental rates and projected rental rates make this building a very lucrative long-term investment. Additionally, you can easily apply for the Mills Act to save BIG on property taxes. The building has been well maintained and 3 of the 4 units have been recently renovated including new kitchens, flooring, and bathrooms. The property consists of one 2 bedroom 1 bathroom unit as well as three 1 bedroom 1 bathroom units. The central location is highly desirable and is close to Downtown, shopping, restaurants, entertainment, Naval Bases, and schools making the property easily rentable. This will be perfect to add to an investor's portfolio or for a 1st-time landlord where you can live in one unit for free and have your tenants pay the mortgage. Exterior: Wood/Stucco Unit # for Unit 1: #1 Unit # for Unit 2: #2 Unit # for Unit 3: #3 Unit # for Unit 4: #4 Number of Furnished Units: 0 Topography: LL

Location

State CA

County San Diego

Area 91950 - National City

Building/Complex Name National City

Interior

Cooling None

Fireplace No

Exterior

Fence Partial

View Y/N No

View None

Roof Type Rolled/Hot Mop

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 5562322000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Corey Simone • eXp Realty of California Inc
Bought with John Rinaldi • Apropos
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